Chang Xiaobing, (pictured), former chairman of state-owned China Telecom, who went on trial today charged with taking bribes admitted his crimes, Xinhua reported. He will be sentenced at a later date. Prosecutors accused Chang of…
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Business group: China backtracking on market opening
SHANGHAI (AP) — An American business group says China’s push to develop its own technology and other industries has “narrowed the space” for foreign companies to compete in its market. In a report released Tuesday,…
U.S. business group urges Washington to ‘use every arrow’ against China
Nonetheless, more vociferous complaints by American businesses mark a shift from years past, when many companies eschewed the idea of forceful action by Washington for fear of retribution by China. Foreign technology companies fear what…
China mobile network market to shrink 34% in 2016-2021
China’s RAN and packet core infrastructure market is expected to show a CAGR of -34% in 2016-2021, predicted IHS Markit this week, as the country’s mobile operators complete their huge LTE deployments… China’s RAN and…
Why China is beating the U.S. at innovation
The U.S. military developed drone technology throughout the 20th Century for reconnaissance and other purposes, adding microchips for better wireless control and longer-lasting batteries. But China’s Da-Jiang Innovations has refined the unmanned … ( read…
Fostering global prosperity: China and US innovation policy
“The direction of China’s science and technology development is innovation, innovation, and innovation.” – President Xi Jinping, 2014 “The White House Office of American Innovation will focus on implementing policies and scaling proven private-sector ……
China uses facial-recognition technology to dole out toilet paper (we’re not kidding)
On Saturday’s edition of “Pure Opelka,” host Mike Opelka shared the story of China’s latest attempt to stop a crime wave sweeping the communist nation — toilet paper theft. With toilet paper in short supply…
Metal as fuel? These Canadian scientists are working to make it happen
Ships could be powered on iron, carrying iron to other countries — like China, a country that is struggling with … and around without losses to the environment.” While battery technology is a green and…
China Unicom stock drops on mixed-ownership failure
China Unicom, one of the three major telecom operators in China, announced on Wednesday that it is poised to invite private-sector investors to the government-backed company – a test case that serves as the country’s…
Is China Mobile a Great Stock for Value Investors?
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are…
China's Baidu buys U.S. computer vision startup amid AI push
xPerception, which makes vision perception software and hardware with applications in robotics and virtual reality, will continue to develop their core technology under Baidu’s research unit, the Chinese firm said in a statement on Thursday.…
“China Information Technology Report Q2 2017” is now available at Fast Market Research
We forecast a CAGR of 7.0% for the Chinese IT market over 2017-2021. Growth will be driven by local players, and we believe nationwide initiatives to speed up technological integration in traditional industries will provide…
NetEase Kaola develops European Partnership Plan to bring European products to China
NetEase, a leading Internet technology company in China, launched NetEase Kaola in 2015 to support cross-border e-commerce. Zhang Lei, CEO of NetEase Kaola, announced the European Partnership Plan launch to encourage European products in China,…